Description

Lowell, MA- Prescott Bank $500 186_ G30a Proof PMG Choice
Uncirculated 64.
The Prescott Bank was incorporated in 1850 and remained in business
until 1865 when it became the Prescott National Bank of Lowell. The
attractive high denomination note has an oval male portrait flanked
by two red-orange D protectors. It is printed on India paper with
the usual small POCs in the signature lines and has two stamp hinge
remnants on the back left and right margins, suggesting a possible
provenance as far back as D.C. Wismer in the 1930s. The surviving
Proof population for this design is not believed to exceed one or
two notes. Excessively rare and likely to stay that way.From the Charles R. Pease, Jr. Collection, Part II